The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Titan Machinery's revenues will increase 29.3% and EPS will expand 43.3%.
The average estimate for revenue is $402.0 million. On the bottom line, the average EPS estimate is $0.43.
Last quarter, Titan Machinery chalked up revenue of $421.7 million. GAAP reported sales were 33% higher than the prior-year quarter's $318.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.36. GAAP EPS of $0.36 for Q1 were 10% lower than the prior-year quarter's $0.40 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 16.7%, 10 basis points better than the prior-year quarter. Operating margin was 3.7%, 50 basis points worse than the prior-year quarter. Net margin was 1.8%, 50 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.02 billion. The average EPS estimate is $2.64.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 484 members out of 506 rating the stock outperform, and 22 members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Titan Machinery a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Titan Machinery is buy, with an average price target of $40.79.
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